Morgan Stanley voices concern over potential frac sand shortage
Published: Wednesday, 15 October 2014
Proppant suppliers like Hi-Crush Partners and US Silica Holdings are already benefiting greatly from rapidly expanding US demand for frac sand. The market position of being a supplier in a rapidly growing industry struggling to keep up with demand is highly lucrative. Industry winners will be the companies that find a way to keep supply rates up with demand.
US-based financial services company Morgan Stanley has
suggested that silica (frac) sand supply could be a strong
growth limiting factor for the rapidly expanding fracking
We believe the industry now sits on the verge of a
prolonged frac sand supply shortage, said Morgan Stanley
in a research report yesterday....